2012-06-20T14:08:07-05:00 2011-09-30 EIDE BAILLY LLP 24 2ND AVE SW PO BOX 430 ABERDEEN SD 574020430 990 2010-10-01 460337249 TRI-COUNTY WATER ASSOCIATION INC TRI- 6059647766 PO BOX 490 EAGLE BUTTE SD 57625 LEO A FISCHER 6059647766 2012-05-14 1 MELISSA WHITE CPA 6052258783 2012-05-14 2010 2016-02-24 21:20:13Z LEO A FISCHER PO BOX 490 EAGLE BUTTE SD 57625 2609720 0 X N/A X 1978 SD THE COMPANY WAS ORGANIZED FOR THE EXPRESS PURPOSE OF PROVIDING WATER SERVICE TO MEMBER CUSTOMERS IN CENTRAL SOUTH DAKOTA. 7 7 11 0 0 0 80890 976491 1241522 1559801 50732 18413 105230 55015 1478374 2609720 0 0 0 0 526697 476193 0 0 0 851139 1026778 1377836 1502971 100538 1106749 6464975 7419287 2168616 2292383 4296359 5126904 THE COMPANY WAS ORGANIZED FOR THE EXPRESS PURPOSE OF PROVIDING WATER SERVICE TO MEMBER CUSTOMERS IN CENTRAL SOUTH DAKOTA. 0 0 THE COMPANY PROVIDED 303,617,000 GALLONS OF TREATED WATER FOR COMMERCIAL AND DOMESTIC USERS LOCATED IN CENTRAL SOUTH DAKOTA AND MAINTAINED SEVERAL MILES OF PIPE. 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 11 1 0 0 0 0 0 1488661 144568 0 X 7 7 0 0 0 0 1 1 0 1 0 0 0 0 1 0 1 0 1 0 0 0 X SHARON MEANS 6059647766 PO BOX 490 EAGLE BUTTE SD 57625 JERRY KEITH FARLEE 1.00 X X 900 0 0 ROBERT BOOTH 1.00 X X 3150 0 0 ROXEE HOLLOWAY 2.00 X X 2325 0 0 GENE BLUE ARM 1.00 X 0 0 0 JR HOLLOWAY 1.00 X 3150 0 0 PEARL HOLLOWHORN 1.00 X 2025 0 0 LYNN WILLIAMS 1.00 X 1950 0 0 NATASHA BLUE ARM 1.00 X 0 0 0 BEAU BENDIGO 1.00 X 1800 0 0 LEO FISCHER 40.00 X 57028 0 13042 SHARON MEANS 40.00 X 34817 0 5725 107145 0 18767 0 0 0 0 0 976491 976491 WATER SALES 221310 1488111 1488111 T&D CONSTRUCTION 221310 71690 71690 1559801 18413 18413 INSURANCE PROCEEDS AND 900099 36219 36219 PATRONAGE DIVIDEND INC 900099 18796 18796 55015 2609720 1559801 0 73428 135997 260063 21475 31328 27330 18339 14870 10201 2371 32392 13248 85784 18534 99906 138840 43701 WATER TREATMENT & DISTR 509661 BAD DEBT 26256 CONSTRUCTION 10452 2223 1502971 94683 134717 22335 171898 210718 217244 108474 102301 23318 23304 17331633 12061530 4562174 5270103 1222677 1443273 277043 6464975 7419287 77094 350148 2091522 1942235 2168616 2292383 X 0 0 2252279 1976075 2044080 3150829 4296359 5126904 6464975 7419287 X 1106749 -276204 X 0 1 1 X 1 1 8200 8200 209990 107902 102088 173772 123258 50514 1849349 1197087 652262 15090322 10633283 4457039 5270103 2609720 1502971 1106749 -276204 -276204 830545 2609720 0 2609720 0 2609720 1502971 0 1502971 0 1502971 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION QUALIFIES AS A TAX-EXEMPT NONPROFIT ORGANIZATION UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE AND; THEREFORE, HAS NO PROVISION FOR FEDERAL INCOME TAXES. THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF FASB ACCOUNTING STANDARDS CODIFICATION TOPIC ASC 740-10 (PREVIOUSLY FINANCIAL INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES). AS OF SEPTEMBER 30, 2011, THE UNRECOGNIZED TAX BENEFIT ACCRUAL WAS ZERO. THE ORGANIZATION WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDED BEFORE SEPTEMBER 30, 2008. PART XI, LINE 8 - OTHER ADJUSTMENTS: AMORTIZATION OF DONATED CAPITAL -276,204. FORM 990, PART VI, SECTION A, LINE 6 THERE ARE MEMBERS OF THE ORGANIZATION BUT NO MEMBER CLASSES. SIGNERS OF WATER USER AGREEMENTS OF THE CORPORATION AND WHO PAY THEIR BILLS TO THE CORPORATION, ARE ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE ORGANIZATION ELECT THE BOARD MEMBERS. ONLY MEMBERS OF THE ORGANIZATION THAT ARE DOMESTIC USERS OF WATER ARE ENTITLED TO VOTE. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT ACT ON BEHALF OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11 THE BUSINESS MANAGER WILL REVIEW THE FORM 990 AND INFORM THE BOARD MEMBERS THAT THE RETURN IS IN THE OFFICE FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS WITH CONFLICTS VOLUNTARILY REMOVE THEMSELVES FROM VOTING ON ISSUES RELATED TO THAT ITEM. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: AMORTIZATION OF DONATED CAPITAL -276,204. TOTAL TO FORM 990, PART XI, LINE 5: -276,204.